Acquisition of treasury shares by TIM S.A.
Date |
2023-02-24 |
Current report no. |
11/2023 |
TIM S.A. with its registered office in Wrocław, hereinafter also referred to as: ‘TIM S.A.’, the ‘Company’ informs that within the framework of the treasury shares repurchase programme implemented on the basis of the Resolution No. 22/28 June 2022 of the Ordinary General Meeting of TIM S.A. of 28 June 2022 published in the current report No. 17/2022 of 28 June 2022 and in accordance with the Regulations adopted by the Management Board of the Company for the repurchase of treasury shares of TIM S.A. published in the current report No. 35/2022 of 22 November 2022, the Company made the following transactions for the purchase of treasury shares _ISIN code: PLTIM0000016_ in the period from 20 February 2023 to 22 February 2023, through the Brokerage Office of Bank Handlowy w Warszawie S.A., during the stock exchange trading sessions on the main market of Giełda Papierów Wartościowych w Warszawie S.A.:
– on 20 February 2023, 2,000 treasury shares with a total value of PLN 69,930 for an average unit share price of PLN 34.97. The shares represent 0.009% of the share capital of TIM S.A. and entitle to 2,000 votes at the General Meeting of the Company, representing 0.009% of the total number of votes.
– on 22 February 2023, 3,471 treasury shares with a total value of PLN 120,630.85 for an average unit share price of PLN 34,75. The shares represent 0.016% of the share capital of TIM S.A. and entitle to 3,471 votes at the General Meeting of the Company, which represents 0.016% of the total number of votes. Taking into account the above transactions for the purchase of shares, TIM S.A. holds a total of 228,755 treasury shares, representing 1.03% of the share capital of the Company, entitling to 228,755 votes at the General Meeting of TIM S.A., representing 1.03% of the total number of votes. As an attachment hereto, TIM S.A. provides the detailed data on the concluded transactions during the period from 20 February 2023 to 22 February 2023.
SIGNATURES OF THE COMPANY REPRESENTATIVES
| 24/02/2023, Krzysztof Folta – President of the Management Board 24/02/2023, Piotr Tokarczuk – Member of the Management Board |
